Groz-Beckert Acquires Schmetz
Groz-Beckert has taken over the Ferd. Schmetz Group effective January 2nd, 2017. The Ferd. Schmetz Group is a long-established producer of industrial sewing machine needles, and has around 700 employees…
Japan’s Imports of Indonesian Cotton Fabrics Sharply Increase in 2016
According to the Japan Spinners’ Association, 2016 Japanese imports of cotton fabrics decreased by 1.2% from the previous year to 266.52 million square meters. Despite a weak Japanese currency and…